Acquisition Fraud

Acquisition Fraud
Acquisition fraud involves deceptive practices during the buying or merging of companies, usually intended to influence valuation or conceal liabilities.
Missing Trader Intra-Community Fraud (Carousel Fraud)
An intricate VAT fraud in which individuals or businesses claim repayment of VAT on the export of goods to fictitious purchasers in other EU countries. Involves a complex trail of transactions across multiple member states.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.